Oil & Gas Property in Andrews County, TX
Key data points for True Grit
| County | Andrews County, TX |
|---|---|
| Operator | PARALLEL PETROLEUM LLC |
| Production Dates | Jul 2015 - Jan 2024 |
| Total Oil Production | 314,845 BBLs |
| Total Gas Production | 150,380 MCF |
| Recent Oil Production | 1,095 BBLs in Dec 2023 |
| Recent Gas Production | 5 MCF in Dec 2023 |
| Wells on Property | 1 |
Our Valuation Estimates for True Grit
ShaleAssessment™
$70,713 *
MarketMultiple™
$121,477 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the True Grit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Alexander | Andrews County, TX | 0 BBLs | 0 MCF | Oct 2022 |
| Apollo | Gaines County, TX | 761 BBLs | 517 MCF | Dec 2023 |
| Augustus | Andrews County, TX | 534 BBLs | 307 MCF | Dec 2023 |
| Big Jake | Gaines County, TX | 487 BBLs | 3 MCF | Jan 2024 |
| Block A-34 Unit | Andrews County, TX | 147 BBLs | 0 MCF | Jan 2024 |
| Cothes | Andrews County, TX | 1,898 BBLs | 0 MCF | Jan 2024 |
| Cronus | Andrews County, TX | 816 BBLs | 806 MCF | Dec 2023 |
| Hall | Andrews County, TX | 270 BBLs | 0 MCF | Jan 2024 |
| Harris | Andrews County, TX | 0 BBLs | 0 MCF | Jul 2021 |
| Jet Pilot | Andrews County, TX | 775 BBLs | 8 MCF | Jan 2024 |
| Jordan, A | Andrews County, TX | 32 BBLs | 0 MCF | Jan 2024 |
| Lucky Texan | Andrews County, TX | 1,032 BBLs | 15 MCF | Jan 2024 |
| Pallas | Andrews County, TX | 887 BBLs | 831 MCF | Dec 2023 |
| Pollux | Andrews County, TX | 412 BBLs | 272 MCF | Dec 2023 |
| Riders Of Destiny | Gaines County, TX | 346 BBLs | 0 MCF | Jan 2024 |
| Scipio | Gaines County, TX | 446 BBLs | 251 MCF | Dec 2023 |
| Shortes | Andrews County, TX | 557 BBLs | 0 MCF | Jan 2024 |
| Simpson | Gaines County, TX | 0 BBLs | 0 MCF | Oct 2022 |
| Thea | Andrews County, TX | 477 BBLs | 641 MCF | Dec 2023 |
| Typhon | Gaines County, TX | 381 BBLs | 507 MCF | Dec 2023 |
These are the closest 20 companies operating near the True Grit property.